In a major blow to the VTuber industry and talent, the CEO of the American VTuber talent agency, VShojo, has announced that the company is ceasing operations as a result of financial mismanagement. In a recent post on X, Justin ‘TheGunrun’ Ignacio, the head of VShojo, took responsibility for the company’s dire financial state and wrote,

After the departure of high-profile creators and allegations of owed and misused funds, VShojo is closing its doors.